PT Mayora Indah Tbk (MYOR) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 2026 reached Rp 9.39 trillion, down 4.8% year-over-year, with gross profit up 15.3% to Rp 2.49 trillion and net profit attributable to owners rising 37.1% to Rp 945.6 billion.

• Operating profit increased 24.6% year-over-year to Rp 1.18 trillion, driven by improved cost control and lower cost of goods sold.

• Total assets as of March 31, 2026, stood at Rp 28.64 trillion, with equity at Rp 19.19 trillion and net debt to equity ratio at 13.17%.

Financial highlights

• Net sales: Rp 9.39 trillion (down from Rp 9.86 trillion in Q1 2025).

• Gross profit: Rp 2.49 trillion (up from Rp 2.16 trillion in Q1 2025).

• Operating profit: Rp 1.18 trillion (up from Rp 946 billion in Q1 2025).

• Net profit attributable to owners: Rp 945.6 billion (up from Rp 689.4 billion in Q1 2025).

• Basic EPS: Rp 42 (up from Rp 31 in Q1 2025).

• Total assets: Rp 28.64 trillion; total equity: Rp 19.19 trillion.

• Cash and cash equivalents: Rp 5.12 trillion.

Outlook and guidance

• Management continues to focus on maintaining healthy capital ratios and optimizing the gearing ratio in line with industry peers.

• No explicit forward guidance provided, but capital expenditures and expansion projects are ongoing, with construction in progress expected to complete in 2026.